Not viable as a standalone site

Address locked, Strathfield

1 house today → 6 homes as townhouses. About 1,250 m², 15 m frontage, zone R2.

Residual land valueA$4.0m

Likely ask (1 house)A$4.0mFrom the 1 July 2025 land value x 1.15

Headroom-A$65k

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

See Pro and pricing Sign in

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	6	2	1,000 m²	A$13.0m	A$4.8m	A$4.0m	-A$65k	A$2.1m22% on cost · 17% on revenue
Cost stack Construction 1,000 m² at A$4,100/m²A$4.0m DemolitionA$45k Consultants, DA and certification (9%)A$350k Contributions (A$28,000 per new home)A$140k Contingency (5%)A$210k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$4.0m instead leaves A$2.1m pre-tax on a total development cost of A$9.5m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.4m	-A$1.6m	-A$500k-7% on cost · -7% on revenue
Cost stack Construction 500 m² at A$3,700/m²A$1.9m DemolitionA$45k Consultants, DA and certification (9%)A$170k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$100k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$4.0m instead leaves -A$500k pre-tax on a total development cost of A$7.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m	4	2	450 m²	A$5.0m	A$2.5m	A$950k	-A$3.1m	-A$2.5m-34% on cost · -49% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$45k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$85k Contingency (5%)A$110k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$4.0m instead leaves -A$2.5m pre-tax on a total development cost of A$7.0m.

Site facts

Site area: About 1,250 m² (15 m by 90 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R2 Low Density Residential · Strathfield Local Environmental Plan 2012
LEP controls: FSR not mapped · height 9.5 m · minimum lot 560 m²
Nearest nominated centre: About 650 m to Flemington station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$3,500,000 at 1 July 2025, NSW Valuer General · from A$2,200,000 at 1 July 2021 (+60%)

Neighbours

2 adjoining houses share a boundary with this site. Members see them.

Amalgamation options

#8 · amalgamation 3 houses → 25 homes

Address locked, Strathfield

Residual land valueA$16.0m

Likely askA$12.0m

HeadroomA$4.0m

5,000 m² · Townhouses · R2 · address locked